RelicusRoad Daily Pivots MT4

RelicusRoad Daily Pivots is a daily pivot points indicator for MetaTrader 4 and MetaTrader 5 that divides the previous day's range into Fibonacci levels and extends them above and below it, from minus 100 to plus 200 percent.

Instead of classic floor pivots, the previous completed range is treated as a scale where the low is 0% and the high is 100%. Nineteen levels are printed as compact colored markers at the right edge of the chart, so the size of today's move reads as a fraction or a multiple of yesterday's range.

How it works

The indicator takes the high and low of the previous completed reference period and places a level at each ratio of that range: level = low + ratio x (high - low). Weekend bars are skipped, so on a Monday the reference is the last trading day. The reference period comes from the chart timeframe.

  • Inside set, gray: 0%, 23.6%, 38.2%, 50.0%, 61.8%, 78.6% and 100%.
  • Above set, green: +123.6%, +138.2%, +150.0%, +161.8%, +178.6% and +200%.
  • Below set, red: -23.6%, -38.2%, -50.0%, -61.8%, -78.6% and -100%.

Below H1 the reference is the previous day. On H1 to H4 charts it is the previous week, and on D1 it is the previous month. W1 and MN1 charts show nothing. Period boundaries follow the broker's server time.

What it draws

  • Level markers: up to 19 text markers, each a short dashed stroke followed by its ratio, for example ------ 61.8%.
  • Position: the right end of every marker sits at the time of the current bar.
  • Colors: green above the range, gray inside it including 0% and 100%, red below it.
  • Tooltips: hovering a marker shows its ratio, for example DailyPivots 161.8%.
  • Background drawing: markers sit behind price, cannot be selected and are hidden from the object list.
  • No lines or history: there are no horizontal lines, zones, buffers or levels from earlier days.

Reading the chart

On an M15 chart the gray markers split yesterday's candle at the familiar Fibonacci ratios, with 50.0% at its midpoint. Price holding between 0% and 100% is still trading inside yesterday's range.

The green markers above and the red markers below repeat the same ratios outside the range. A move that reaches +161.8% has traveled 61.8% of yesterday's range beyond yesterday's high, which puts the size of a breakout in plain proportion.

The high and low behind the scale are the widest seen since the indicator was loaded, and they are not reset at a new day. After several days on the chart the scale can therefore cover more than the latest day. Reload the indicator, or switch timeframe and back, to rebuild it from the most recent range.

Inputs

Level sets:

  • 100% -> 200% Pivot: the first of the two inputs with this name shows or hides the six levels above the range.
  • 0% -> 100% Pivot: the first of the two inputs with this name shows or hides the seven levels inside the range.
  • =100% -> 0% Pivot: shows or hides the six levels below the range.

Appearance:

  • 100% -> 200% Pivot (second input): the color of the levels above, green by default.
  • 0% -> 100% Pivot (second input): the color of the levels inside, gray by default.
  • -100% -> 0% Pivot: the color of the levels below, red by default.
  • Font Size: the marker text size, 9 by default.

Recommended use

Suited to forex, gold (XAUUSD), indices and crypto on intraday charts below H1, where the reference is the previous trading day. Leave TimeFrame on Current.

Common questions

Are these classic floor pivots? No. There is no central pivot and no R1 or S1. The levels are Fibonacci ratios of the previous range.

Why are the levels weekly on my H1 chart? With TimeFrame on Current, charts from H1 to H4 use the previous week. In this version the other TimeFrame choices are not applied, so for daily levels use a chart below H1.

Does it keep the levels of earlier days? No. Only the current set of markers is shown, at the right edge of the chart.

Why did the scale get wider after a new day? The stored high and low only widen until the indicator is reloaded. Reloading it rebuilds the scale from the latest completed range.

For the previous day's high and low drawn on every bar, see RelicusRoad Daily High Low. This product prints one current set of range markers.

About and support

The Fibonacci range scale is the daily pivot model from RelicusRoad Pro, published on its own for traders who measure moves against the previous day's range. It runs standalone.

Questions and support are handled in the product comments and through the mql5.com messaging system.

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Specials Discount now. The Next Generation Forex Trading Tool. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator  https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved about the originals, now
Pinpoint is a highly efficient trading indicator without redrawing and without delays, designed for accurate buy and sell signals on XAUUSD . The indicator is designed for traders who want fast, accurate and visual solutions, in real time, in a rapidly changing market. The indicator works as a ready-made trading strategy. It analyzes the behavior of the asset's price according to a built-in algorithm and determines the ideal entry points, as well as shows where to lock in profits. To more accur
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The Moving Average Convergence Divergence (MACD) trading strategy is a popular technical analysis tool that is used to identify changes in momentum and trend direction. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. A 9-period EMA, called the "signal line," is then plotted on top of the MACD to act as a trigger for buy and sell signals. The MACD is considered to be in bullish territory when the MACD line is above the signal line and
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RelicusRoad Pro MT5
Relicus LLC
4.96 (24)
RelicusRoad Pro: Quantitative Market Operating System 70% OFF LIFETIME ACCESS (LIMITED TIME) - JOIN 2,000+ TRADERS Why do most traders fail even with "perfect" indicators? Because they trade Single Concepts in a vacuum. A signal without context is a gamble. To win consistently, you need CONFLUENCE . RelicusRoad Pro is not a simple arrow indicator. It is a complete Quantitative Market Ecosystem . It maps the "Fair Value Road" price travels on, distinguishing between random noise and true structur
RelicusRoad Pro
Relicus LLC
4.65 (107)
RelicusRoad Pro: Quantitative Market Operating System 70% OFF LIFETIME ACCESS (LIMITED TIME) - JOIN 2,000+ TRADERS Why do most traders fail even with "perfect" indicators? Because they trade Single Concepts in a vacuum. A signal without context is a gamble. To win consistently, you need CONFLUENCE . RelicusRoad Pro is not a simple arrow indicator. It is a complete Quantitative Market Ecosystem . It maps the "Fair Value Road" price travels on, distinguishing between random noise and true structur
RelicusRoad MACD v2
Relicus LLC
4.6 (5)
The Moving Average Convergence Divergence (MACD) trading strategy is a popular technical analysis tool that is used to identify changes in momentum and trend direction. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA. A 9-period EMA, called the "signal line," is then plotted on top of the MACD to act as a trigger for buy and sell signals. The MACD is considered to be in bullish territory when the MACD line is above the signal line and
FREE
RelicusRoad CopyTrader is a free trade copier for MetaTrader 4 . It copies trades between MT4 terminals on the same computer, so you can trade one account and have the others follow it, each at its own size and risk. Full version, no limitations, no trial period. Trade one account. Let the rest follow. How it works One terminal runs as the Leader (master) and shares the orders it holds. Any number of terminals run as Followers (slaves) and mirror them. Terminals are paired by a Channel name, so
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RelicusRoad Support Resistance is a support and resistance indicator for MetaTrader 4 and MetaTrader 5 that builds supply and demand zones from fractal swings and grades each one by its strength and recent tests. It keeps a short map of zones above and below price, each labeled with its grade, width and recent test count. How it works Swing highs and lows are collected into price zones rather than single lines. A swing is a bar whose high or low is not exceeded by the 7 bars on either side, and
RelicusRoad Signal Line is a trend filter indicator for MetaTrader 4 and MetaTrader 5 that draws two moving average lines and colors each bar of them green, salmon or gray from a strategy filter you choose. The line shows where the average is. The color shows what the chosen filter says about that bar. By default Line 1 is a fast KAMA 9 colored by momentum and Line 2 is a slow Hull moving average 200 colored by Ichimoku. How it works Each line is calculated from closing prices with the average t
RelicusRoad Action Levels is a support and resistance levels indicator for MetaTrader 4 and MetaTrader 5 that fits a grid of major and minor price levels to the symbol's own volatility and past reactions, and labels each level with its touch count. The grid is not a fixed pip spacing and not a plain round-number grid. Its spacing and offset are chosen from completed bars, each level is scored on how price behaved around it, and only the strongest levels near the current price are drawn. How it w
RelicusRoad Daily High Low is a previous day high and low indicator for MetaTrader 4 and MetaTrader 5 that marks yesterday's high and low and today's open on every bar of an intraday chart. The three levels are drawn as colored dot series that step to new values when a new period starts, with small High, Low and Open tags at the end of each period. On charts from H1 to H4 the same markers show last week's range and this week's open instead, and on D1 they show the monthly equivalents. How it wor
RelicusRoad Scalping Pivots is a swing point and Fibonacci level indicator for MetaTrader 4 and MetaTrader 5 that marks alternating swing highs and lows over a 60-bar lookback and labels Fibonacci retracements and extensions of the latest swing. The pivots in the name are these swing points, not classic floor pivot points such as PP, R1 and S1. Next to the newest swing, the indicator prints a column of percentage labels so you can read retracement and extension levels without drawing a Fibonacci
RelicusRoad Dynamic Circles is a swing high and swing low indicator for MetaTrader 4 and MetaTrader 5 that marks turning points with circles at three lookback lengths at once: 9, 60 and 156 bars. Small turns and large turns sit on the same chart but look different. A short range dot shows a minor swing, while the larger medium and long range rings only appear where price made the extreme of a much longer window. Each circle can carry a short text label such as HH(60) or LL(156). How it works For
RelicusRoad Fractals is a fractal indicator for MetaTrader 4 and MetaTrader 5 that marks swing highs and swing lows at two strengths, a Fast test of 7 bars on each side and a Slow test of 15 bars on each side. A 7-bar window on each side already filters out many small wiggles, and the Slow test asks for more than twice that, so its thicker arrows pick out the swings that held over a much wider stretch of the chart. Both strengths are shown together, so minor and larger swings can be told apart a
RelicusRoad Multi Timeframe Trendbar is a multi-timeframe trend indicator for MetaTrader 4 and MetaTrader 5 that shows an Uptrend, Neutral or Downtrend state for nine timeframes, M1 to MN1, as a row of colored dots in the chart corner. Each timeframe gets one dot with its name above it, in the lower-right corner of the chart. The color tells you the state, so you can see which timeframes agree without switching charts. How it works For each timeframe, the indicator compares two standard tools on
RelicusRoad SuperTrend is a SuperTrend indicator for MetaTrader 4 and MetaTrader 5 that plots an ATR-based trailing line below price in an uptrend and above price in a downtrend. It is the classic SuperTrend calculation with nothing layered on top: one line for the up side, one for the down side, and no arrows, labels or panels. How it works For every bar the indicator takes the median price, the midpoint of the bar's high and low, and sets a band a chosen number of Average True Range (ATR) unit
RelicusRoad Trading Sessions is a trading sessions indicator for MetaTrader 4 and MetaTrader 5 that marks the opening time of the Tokyo, London and New York sessions with dotted vertical lines on M1, M5 and M15 charts. Each session open is shown as a line, a small rotated name label and an event marker in the session's color, for the current day and the previous weekdays. Hovering over one shows the session name and its opening time. The indicator marks opens only: it does not shade session rang
RelicusRoad Trendlines is an automatic trendline indicator for MetaTrader 4 and MetaTrader 5 that fits trendline channels through confirmed swing pivots at three swing sizes and draws them as shaded zones. Short, medium and long swings each have their own color. The chart shows the two or three channels that score highest at the moment, plus a grey checkerboard box that maps a reference entry, stop and target for one selected rail. How it works A swing high or low is confirmed only when it is th
RelicusRoad Signal Cloud is a cloud indicator for MetaTrader 4 and MetaTrader 5 that projects a price band 21 bars ahead, sized by the gap between the 12 and 26 period EMAs. The band is centered on a 3-period EMA of close and smoothed so its edges move gradually. Because it is shifted forward, part of the cloud always sits to the right of the last bar, and price later arrives at the section that was drawn earlier. How it works For each bar the indicator measures the absolute gap between the 12 a
RelicusRoad Multi Timeframe Levels is a multi-timeframe support and resistance indicator for MetaTrader 4 and MetaTrader 5 that draws the latest swing high and swing low from H1, H4, D1, W1 and MN1 as horizontal lines on the chart you are trading. Each of those five timeframes contributes one resistance line and one support line, so an intraday chart carries up to ten lines. Every line is colored by the timeframe it came from, which keeps the higher-timeframe swings in view without switching cha
RelicusRoad Order Blocks is an order block indicator for MetaTrader 4 and MetaTrader 5 that finds displacement candles, marks the candle that started each move as a bullish or bearish order block, and tracks how far price has traded back into it. It is written for traders who work with smart money concepts (SMC). How it works A displacement candle is one whose body is at least 1.5 times the Average True Range (ATR) of the last 14 bars and at least 55 percent of its own high-to-low range. The ind
RelicusRoad Liquidity Levels is a liquidity level indicator for MetaTrader 4 and MetaTrader 5 that draws a weighted equilibrium line with volatility-based levels above and below it, seven lines in total for the Simple and Smooth channel types. Despite the name, the levels are volatility bands, not detected liquidity pools or stop clusters. The three levels above the center are called Sell levels and the three below are called Buy levels. On the chart they are labeled TP/SL-1 to TP/SL-3, with Saf
RelicusRoad Support Resistance is a support and resistance indicator for MetaTrader 4 and MetaTrader 5 that builds supply and demand zones from fractal swings and grades each one by its strength and recent tests. It keeps a short map of zones above and below price, each labeled with its grade, width and recent test count. How it works Swing highs and lows are collected into price zones rather than single lines. A swing is a bar whose high or low is not exceeded by the 7 bars on either side, and
RelicusRoad Signal Line is a trend filter indicator for MetaTrader 4 and MetaTrader 5 that draws two moving average lines and colors each bar of them green, salmon or gray from a strategy filter you choose. The line shows where the average is. The color shows what the chosen filter says about that bar. By default Line 1 is a fast KAMA 9 colored by momentum and Line 2 is a slow Hull moving average 200 colored by Ichimoku. How it works Each line is calculated from closing prices with the average t
RelicusRoad Action Levels is a support and resistance levels indicator for MetaTrader 4 and MetaTrader 5 that fits a grid of major and minor price levels to the symbol's own volatility and past reactions, and labels each level with its touch count. The grid is not a fixed pip spacing and not a plain round-number grid. Its spacing and offset are chosen from completed bars, each level is scored on how price behaved around it, and only the strongest levels near the current price are drawn. How it w
RelicusRoad Daily High Low is a previous day high and low indicator for MetaTrader 4 and MetaTrader 5 that marks yesterday's high and low and today's open on every bar of an intraday chart. The three levels are drawn as colored dot series that step to new values when a new period starts, with small High, Low and Open tags at the end of each period. On charts from H1 to H4 the same markers show last week's range and this week's open instead, and on D1 they show the monthly equivalents. How it wor
RelicusRoad Daily Pivots is a daily pivot points indicator for MetaTrader 4 and MetaTrader 5 that divides the previous day's range into Fibonacci levels and extends them above and below it, from minus 100 to plus 200 percent. Instead of classic floor pivots, the previous completed range is treated as a scale where the low is 0% and the high is 100%. Nineteen levels are printed as compact colored markers at the right edge of the chart, so the size of today's move reads as a fraction or a multiple
RelicusRoad Dynamic Circles is a swing high and swing low indicator for MetaTrader 4 and MetaTrader 5 that marks turning points with circles at three lookback lengths at once: 9, 60 and 156 bars. Small turns and large turns sit on the same chart but look different. A short range dot shows a minor swing, while the larger medium and long range rings only appear where price made the extreme of a much longer window. Each circle can carry a short text label such as HH(60) or LL(156). How it works For
RelicusRoad Fractals is a fractal indicator for MetaTrader 4 and MetaTrader 5 that marks swing highs and swing lows at two strengths, a Fast test of 7 bars on each side and a Slow test of 15 bars on each side. A 7-bar window on each side already filters out many small wiggles, and the Slow test asks for more than twice that, so its thicker arrows pick out the swings that held over a much wider stretch of the chart. Both strengths are shown together, so minor and larger swings can be told apart a
RelicusRoad Multi Timeframe Trendbar is a multi-timeframe trend indicator for MetaTrader 4 and MetaTrader 5 that shows an Uptrend, Neutral or Downtrend state for nine timeframes, M1 to MN1, as a row of colored dots in the chart corner. Each timeframe gets one dot with its name above it, in the lower-right corner of the chart. The color tells you the state, so you can see which timeframes agree without switching charts. How it works For each timeframe, the indicator compares two standard tools on
RelicusRoad Scalping Pivots is a swing point and Fibonacci level indicator for MetaTrader 4 and MetaTrader 5 that marks alternating swing highs and lows over a 60-bar lookback and labels Fibonacci retracements and extensions of the latest swing. The pivots in the name are these swing points, not classic floor pivot points such as PP, R1 and S1. Next to the newest swing, the indicator prints a column of percentage labels so you can read retracement and extension levels without drawing a Fibonacci
RelicusRoad SuperTrend is a SuperTrend indicator for MetaTrader 4 and MetaTrader 5 that plots an ATR-based trailing line below price in an uptrend and above price in a downtrend. It is the classic SuperTrend calculation with nothing layered on top: one line for the up side, one for the down side, and no arrows, labels or panels. How it works For every bar the indicator takes the median price, the midpoint of the bar's high and low, and sets a band a chosen number of Average True Range (ATR) unit
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